🚀 Bitwise: Has the market bottom been reached? History is repeating itself! When the market is filled with fear, the crypto giant Bitwise, managing $5 billion in assets, has sent a clear signal: the current anxiety is a classic sign of a market bottom. 📉➡️📈 Bitwise's Chief Investment Officer Matt Hougan compared the current situation with the cycle lows of 2018 and 2022. Let's take a look back: Investors who entered at the bottom in 2018 saw returns as high as 2000%. Investors who positioned themselves at the bottom in 2022 saw returns of about 300% over three years. Why now? Hougan pointed out that there is a significant "disconnection" between current price movements and the industry's fundamentals. Despite price volatility, the core of the industry continues to develop rapidly: 💎 Growth engines: The widespread adoption of stablecoins, the advancement of asset tokenization (RWA), and the deep integration of AI with finance all indicate that the ecosystem is maturing. Future outlook: Bitwise believes that the end of the cryptocurrency bear market is usually not marked by a frenzied celebration, but rather through "emotional exhaustion." Currently, investors' risk appetite is low, but this is precisely a natural phase in the bottoming process. Potential upward catalysts: The passage of the U.S. Clarity Act. Increased expectations for Federal Reserve interest rate cuts. Technological breakthroughs brought by the combination of AI and crypto technology. The market is entering a "gradual bottoming" phase. For many, this is a reason for panic; but for long-term investors, it might be a rare "golden pit" to look back on in the coming years. Do you think now is a good time to buy the dip? Feel free to discuss in the comments! 👇 #比特币 #Bitwise #加密货币 #牛市 #山寨币